Second Worst Month For Commodities Ever [View article]
A 10% one month haircut on stocks that have vaulted 100-200% over the past year or two--so what? Why do these routine corrections always have to be sold as "end of the earth" events (or at least with headlines to that effect) when it seems obvious it's just a quick violent round of routine profit-taking? Sorry, I don't see the demand for coal, steel, and fuel going away tomorrow, no matter a slowdown in US and Europe.
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A 10% one month haircut on stocks that have vaulted 100-200% over the past year or two--so what? Why do these routine corrections always have to be sold as
Aug 02 16:28 pm
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All Comments by leh »Second Worst Month For Commodities Ever [View article]
"end of the earth" events (or at least with headlines to that effect) when it seems obvious it's just a quick violent round of routine profit-taking? Sorry, I don't see the demand for coal, steel, and fuel going away tomorrow, no matter a slowdown in US and Europe.